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    <title>eqinsurancepartners</title>
    <link>https://www.eqinsurancepartners.com</link>
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      <title>Q3 2025 Newsletter</title>
      <link>https://www.eqinsurancepartners.com/q3-2025-newsletter</link>
      <description>Equilibrium Insurance Partners, L.L.C., a Perrysburg, Ohio–based property and casualty insurance brokerage, is proud to announce strong new business results for the third quarter of 2025.</description>
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           October 1, 2025
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           Perrysburg, OH
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            – Equilibrium Insurance Partners, L.L.C., a Perrysburg, Ohio–based property and casualty insurance brokerage, is proud to announce strong new business results for the third quarter of 2025.
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           Q3 Performance at a Glance
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           From July through September 2025, Equilibrium wrote $268,120.50 in new business premium, bringing our year-to-date total to $971,030.80. This builds on our first half momentum and positions us for a record-setting year.
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           Key Wins This Quarter
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           Our new client wins were spread across multiple industries, highlighting the diverse businesses we serve:
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           Construction – two new accounts totaling $103,290 in premium
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           Fuel &amp;amp; Convenience – one 22-location gas station group worth $91,794
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           Grocery &amp;amp; Retail – three grocery store programs totaling $56,348
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           Carrier Partners Leading the Way
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           We are proud to represent some of the strongest carriers in the Midwest. This quarter’s leading partners included:
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           West Bend Insurance Company – $172,417 
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           Pekin Insurance Group – $72,049.50 
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           Streamlined Growth Through Direct Bill
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           All Q3 new business was written on a direct bill basis, which not only streamlines accounting for our agency and our clients, but also unlocks the potential for profit-sharing revenue streams.
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           Looking Ahead
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           Equilibrium’s growth is fueled by a commitment to helping clients find their insurance balancing point — where price and coverage intersect. Whether a client prioritizes cost savings or comprehensive protection, we tailor solutions to meet their needs.
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           Get a Second Opinion on Your Insurance Program
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           If you’d like a second opinion on your insurance program, whether home, auto, or business, we’d be honored to help.
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            &amp;#55357;&amp;#56525; Greater Toledo &amp;amp; Metro Detroit – Call 419-386-0870 &amp;#55357;&amp;#56525; Petoskey, MI – Call 231-758-5271 &amp;#55357;&amp;#56551;
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            ﻿
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           About Equilibrium
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           Founded in 2022, Equilibrium Insurance Partners is a property and casualty digital insurance agency built on the principle of the Equilibrium Insurance Point — helping each client find the right balance between cost and coverage.
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      <pubDate>Mon, 06 Oct 2025 03:14:07 GMT</pubDate>
      <guid>https://www.eqinsurancepartners.com/q3-2025-newsletter</guid>
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      <title>Q2 2025 Newsletter</title>
      <link>https://www.eqinsurancepartners.com/q2-2025-newsletter</link>
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           Perrysburg, OH
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            – Equilibrium Insurance Partners, L.L.C., a Perrysburg based property and casualty insurance brokerage achieved results with $335,142.35 of new written premium. Thirteen new clients were added, all commercial lines. This builds on our Q1 momentum, where we wrote $367,767.95, bringing our year-to-date total to $702,910.30. 
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            Wins were mostly within our real estate vertical –four new hotel/motel wins ($174,026.32) and three lessor’s risk wins ($39,078). Other notable wins included a large auto services win ($59,273) and a flatwork contractor ($26,353). 
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            Illinois-based
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           Pekin Insurance Group
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            led the way with $67,943.00 in Direct Written Premium.
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           West Bend Insurance Company
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            was a close second with $63,169.00. 
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            , which has both admitted and non-admitted products, was at $78,087.78.
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              at $29,971.03. 
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            Our 2025 goal is to write $1,200,000 in new business premium, with at least $1,000,000 of that coming from the standard marketplace. With the amount of hotel/motel referrals coming into the door, that may be a far-fetch. 
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           In other news, here are our Founder Mac’s Q2 cold calling results:
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            If you are interested in getting a second opinion on your insurance program, whether home, auto, or business, please reach out. For insurance quote requests/due diligence in Greater Toledo and Metro Detroit, please call 419-386-0870. For insurance quote requests/due diligence in Petoskey, please call 231-758-5271. Additionally, you may contact us
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           About Equilibrium:
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            Established in 2022, Equilibrium Insurance Partners is a property and casualty digital insurance agency. Based behind the founding principle of the Equilibrium Insurance Point, Equilibrium’s job is to find each client’s balancing point, that is, where price and coverage intersect. Some insurance consumers are more price conscious, while others are more coverage conscious. t Equilibrium, it’s our job to figure out which type of consumer you are and tailor an insurance program to fit your individual or business’ needs.
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      <pubDate>Tue, 08 Jul 2025 14:39:10 GMT</pubDate>
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      <title>Q1 2025 Newsletter</title>
      <link>https://www.eqinsurancepartners.com/q1-2025-newsletter</link>
      <description>Equilibrium Insurance Partners hit $367K+ in new Q1 premiums, adding 12 clients and excelling in hotel/motel coverage. Serving OH &amp; MI.</description>
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           Perrysburg, OH
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            – Equilibrium Insurance Partners, L.L.C., a Perrysburg based property and casualty insurance brokerage achieved record-setting Q1 2025 results with $367,767.95 of new written premium. Twelve new clients were added, ten commercial lines and two personal lines clients. 
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           New commercial lines premium totaled 98% of the new business, totaling $364,047.95 in premium. Five of the ten wins came within our real estate vertical (hotel/motel). Other wins included one of each of the following: condo association, golf course, manufacturer, towing , and NEMT.
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            Wisconsin-based
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           West Bend Insurance Company
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            led the way with $201,759.00 in Direct Written Premium (DWP). From a personal lines perspective, Michigan-based
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           Frankenmuth Mutual Insurance Company
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            led the way with all wins totaling $4,689 of new Direct Written Premium (DWP). 
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           From the brokerage side of the business, Ohio-based Novum Underwriters, which has both admitted and non-admitted products, was at $101,855.00.   
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            Our 2025 goal is to write $1,500,000 in new business premium, with at least $1,000,000 of that coming from the standard marketplace. With the amount of hotel/motel referrals coming into the door, that may be a far fetch. 
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           In other news, our Founder Mac is also doing a cold call challenge. He’s trying to make 15 cold calls per day, which usually takes about 2 hours. At 225 working days per year, that’s 3,375 cold calls. Here are is Q1 cold calling results.
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            If you are interested in getting a second opinion on your insurance program, whether home, auto, or business, please reach out. For insurance quote requests/due diligence in Greater Toledo and Metro Detroit, please call
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            . For insurance quote requests/due diligence in Petoskey, please call
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           231-758-5271
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            . Additionally, you may contact us
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      &lt;/span&gt;&#xD;
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    &lt;a href="https://eqinsurancepartners.com/contact/" target="_blank"&gt;&#xD;
      
           here
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           . 
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           About Equilibrium:
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    &lt;/strong&gt;&#xD;
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      &lt;span&gt;&#xD;
        
            Established in 2022, Equilibrium Insurance Partners is a property and casualty digital insurance agency. Based behind the founding principle of the Equilibrium Insurance Point, Equilibrium’s job is to find each client’s balancing point, that is, where price and coverage intersect. Some insurance consumers are more price conscious, while others are more coverage conscious. t Equilibrium, it’s our job to figure out which type of consumer you are and tailor an insurance program to fit your individual or business’ needs.
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      <pubDate>Sat, 05 Apr 2025 11:45:54 GMT</pubDate>
      <author>mac@EQinsurancepartners.com (Mac Howey)</author>
      <guid>https://www.eqinsurancepartners.com/q1-2025-newsletter</guid>
      <g-custom:tags type="string">results,Q1 2025 Newsletter</g-custom:tags>
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      <title>Welcoming Liz Housler to Equilibrium Insurance Partners</title>
      <link>https://www.eqinsurancepartners.com/welcoming-liz-housler</link>
      <description>We are pleased to announce the hiring of Elizabeth ("Liz") Housler. Liz Housler is a dedicated professional with over 15 years of experience in the financial and insurance industries.</description>
      <content:encoded>&lt;div data-rss-type="text"&gt;&#xD;
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           We are pleased to announce the hiring of Elizabeth ("Liz") Housler. Liz Housler is a dedicated professional with over 15 years of experience in the financial and insurance industries. Specializing in back-office operations, Liz holds multiple insurance licenses, including Property &amp;amp; Casualty, Life, and Health. Her expertise lies in managing day-to-day operations, driving business growth, and streamlining processes to enhance efficiency.
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           Liz lives in Ann Arbor, Michigan, with her husband, James, and their three daughters, Olivia, Alexandria, and Georgia. Outside of work, she is an avid golfer, skier, and traveler who cherishes time spent with family and friends. Liz is also deeply committed to giving back, actively supporting CS Mott Children’s Hospital and the American Cancer Society.
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            ﻿
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      <pubDate>Mon, 23 Dec 2024 17:23:22 GMT</pubDate>
      <author>mac@EQinsurancepartners.com (Mac Howey)</author>
      <guid>https://www.eqinsurancepartners.com/welcoming-liz-housler</guid>
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      <title>Q3 2024 Results</title>
      <link>https://www.eqinsurancepartners.com/q3-2024-results</link>
      <description>Equilibrium Insurance Partners in Perrysburg, OH, achieved $173K in new premiums in Q3 2024, adding eight new clients. Join us for tailored coverage!</description>
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           Perrysburg, OH
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            – Equilibrium Insurance Partners, L.L.C., a Perrysburg based property and casualty insurance brokerage achieved above average Q3 2024 results with $ $173,647.42 of new written premium. Eight new clients were added, two commercial lines and six personal lines clients.   
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            New commercial lines premium totaled $153,099.42. Both wins came within our real estate vertical (hotel/motel), all hotel/motel wins were based in Michigan. Farmington Hills, Michigan-based brokerage
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           Burns &amp;amp; Wilcox
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            led the way with $58,408.24 in New Business Premium, while
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           Amwins
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            was second with $46,218.64. From a personal lines perspective, Michigan-based
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           Frankenmuth Mutual Insurance Company
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            led the way with all five of the six wins totaling $20,374 of new Direct Written Premium (DWP). 
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            With one more strong quarter, we could get to the coveted $1 million premium mark. To help us accomplish this, we are hiring a Commercial Account Manager or Secretary position to help with back end/administrative work. Both are 100% remote positions. For all inquiries, please email
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    &lt;a href="mailto:mac@eqinsurancepartners.com"&gt;&#xD;
      
           mac@EQinsurancepartners.com
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           . 
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            If you are interested in getting a second opinion on your insurance program, whether home, auto, or business, please reach out. For insurance quote requests/due diligence in Greater Toledo and Metro Detroit, please call
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    &lt;a href="tel:(419) 386-0870" target="_blank"&gt;&#xD;
      
           419-386-0870
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      &lt;span&gt;&#xD;
        
            . For insurance quote requests/due diligence in Petoskey, please call
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    &lt;a href="tel:231-758-5271" target="_blank"&gt;&#xD;
      
           231-758-5271
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      &lt;span&gt;&#xD;
        
            . Additionally, you may contact us
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
    &lt;a href="https://eqinsurancepartners.com/contact/" target="_blank"&gt;&#xD;
      
           here
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           . 
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            ﻿
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           About Equilibrium:
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      &lt;span&gt;&#xD;
        
            Established in 2022, Equilibrium Insurance Partners is a property and casualty digital insurance agency. Based behind the founding principle of the Equilibrium Insurance Point, Equilibrium’s job is to find each client’s balancing point, that is, where price and coverage intersect. Some insurance consumers are more price conscious, while others are more coverage conscious. t Equilibrium, it’s our job to figure out which type of consumer you are and tailor an insurance program to fit your individual or business’ needs.
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      <enclosure url="https://irp.cdn-website.com/a4af3285/dms3rep/multi/Q3+2024+Results.jpg" length="30065" type="image/jpeg" />
      <pubDate>Wed, 04 Dec 2024 12:29:17 GMT</pubDate>
      <author>mac@EQinsurancepartners.com (Mac Howey)</author>
      <guid>https://www.eqinsurancepartners.com/q3-2024-results</guid>
      <g-custom:tags type="string">Equilibrium Insurance Partners,Q3 2024,results</g-custom:tags>
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      <title>Equilibrium Insurance Partners, L.L.C. expands to Northern Michigan with Paul Friedrich</title>
      <link>https://www.eqinsurancepartners.com/equilibrium-insurance-partners-l-l-c-expands-to-northern-michigan-with-paul-friedrich</link>
      <description>Equilibrium Insurance Partners expands into northern Michigan with Paul Friedrich. Focused on P&amp;C insurance, Paul will serve Petoskey/Harbor Springs area.</description>
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           Perrysburg, OH
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            – Equilibrium Insurance Partners, L.L.C., a Perrysburg, Ohio based property and casualty insurance brokerage, is pleased to announce our expansion plans into northern Michigan with the hiring of Paul Friedrich. Paul Friedrich was a former professional golf instructor at Boyne Highlands and more recently worked with the startup, Scratch Golf. He is the loving companion to his 10-year-old American Pitbull, Eldrick. Paul resides in Harbor Springs, Michigan, (Emmet County) and his family has deep roots within the Harbor Springs/Petoskey region. 
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  &lt;img src="https://irp.cdn-website.com/a4af3285/dms3rep/multi/42-300x300.webp" alt="Affordable insurance rates
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           “Through market research, we’ve identified untapped potential in the Petoskey insurance marketplace, and I am confident that Paul is going to capture it,” said Mac Howey, Founder of Equilibrium Insurance Partners, L.L.C. “Paul has a strong work ethic in the cross-fit industry and I am certain that it will transition into the insurance industry. He aligns well with Equilibrium’s core values of integrity, fairness, and excellence, and is the ideal fit for our expansion plans.” 
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            Paul will focus on property and casualty (P&amp;amp;C) insurance, which includes personal insurance (homeowners and car insurance) as well as business insurance. For all insurance quote requests in the Petoskey/Harbor Springs area, please call Paul directly at 231-758-5271 or contact him
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    &lt;/span&gt;&#xD;
    &lt;a href="https://eqinsurancepartners.com/contact/" target="_blank"&gt;&#xD;
      
           here
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            . 
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           About Equilibrium:
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            Established in 2022, Equilibrium Insurance Partners is a property and casualty digital insurance agency. Based behind the founding principal of the
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    &lt;/span&gt;&#xD;
    &lt;span&gt;&#xD;
      
           Equilibrium Insurance Point
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           , Equilibrium’s job is to find each client’s balancing point, that is, where price and coverage intersect. Some insurance consumers are more price conscious, while others are more coverage conscious. At Equilibrium, it’s our job to figure out which type of consumer you are and tailor an insurance program to fit your individual or business’ needs.
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&lt;/div&gt;</content:encoded>
      <enclosure url="https://irp.cdn-website.com/a4af3285/dms3rep/multi/Petoskey-Michigan.webp" length="16938" type="image/webp" />
      <pubDate>Thu, 08 Aug 2024 15:51:51 GMT</pubDate>
      <author>mac@EQinsurancepartners.com (Mac Howey)</author>
      <guid>https://www.eqinsurancepartners.com/equilibrium-insurance-partners-l-l-c-expands-to-northern-michigan-with-paul-friedrich</guid>
      <g-custom:tags type="string">L.L.C. expands to Northern Michigan</g-custom:tags>
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      <title>Q2 2024 Results</title>
      <link>https://www.eqinsurancepartners.com/q2-2024-results</link>
      <description>Equilibrium Insurance Partners secured $105.7K in Q2 2024 DWP, adding 8 clients. Growth focused on real estate, with plans to expand into new industries.</description>
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           Perrysburg, OH
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            – Equilibrium Insurance Partners, L.L.C., a Perrysburg based property and casualty insurance brokerage achieved slightly above average Q2 2024 results with $105,738.90 of new written premium. Eight new clients were added, five commercial lines and three personal lines clients. 
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            New commercial lines premium totaled $100,318.90. All five wins came within our real estate vertical, including three hotel/motel wins, one vacant LRO, and one landlord policy (duplex) win. Michigan-based brokerage
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    &lt;a href="https://www.burnsandwilcox.com/" target="_blank"&gt;&#xD;
      
           Burns &amp;amp; Wilcox
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            led the way with two commercial wins this quarter totaling $64,438.78, while
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           Amalgamated Insurance Underwriters
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            was second with $16,825.77 in new commercial DWP.
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           Although wins are wins, we are still very eager to expand beyond our real estate division into other industries including contractors, manufacturers, and auto services. All cold-calling efforts are currently spent in those three spaces, with a heavy emphasis on contractors.
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            From a personal lines perspective, Michigan-based
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           Frankenmuth Mutual Insurance Company
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            led the way with all three wins totaling $5,420 of new DWP. The highlight of the quarter was beating out multiple independent agencies in a bid for a Perrysburg-based personal lines prospect which was a call in.
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            With summer well under way, the golf course becomes a popular spot for business transactions. A special thanks to
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           Burns &amp;amp; Wilcox
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            for inviting Equilibrium to Victoria National Golf Club.
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            We are happy to share that we’ve surpassed half of a million dollars in written premium. We would like to hit $1 million by the end of the year, and to help us accomplish this, we are hiring a
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    &lt;a href="https://www.linkedin.com/jobs/view/3961128417" target="_blank"&gt;&#xD;
      
           Commercial Account Manager
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            . This is a 100% remote position, part-time, paying $20-$40 per hour depending on experience. For all inquiries, please email
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    &lt;a href="mailto:mac@eqinsurancepartners.com"&gt;&#xD;
      
           mac@EQinsurancepartners.com.
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            If you are interested in getting a second opinion on your insurance program, whether home, auto, or business, please reach out. For insurance quote requests/due diligence in Greater Toledo and Metro Detroit, please call
           &#xD;
      &lt;/span&gt;&#xD;
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    &lt;a href="tel:(419) 386-0870"&gt;&#xD;
      
           419-386-0870
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    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            . For insurance quote requests/due diligence in Petoskey, please call
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    &lt;a href="tel:231-758-5271"&gt;&#xD;
      
           231-758-5271
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    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            . Additionally, you may contact us
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
    &lt;a href="https://eqinsurancepartners.com/contact/" target="_blank"&gt;&#xD;
      
           here
          &#xD;
    &lt;/a&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            . 
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      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
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    &lt;span&gt;&#xD;
      &lt;br/&gt;&#xD;
    &lt;/span&gt;&#xD;
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  &lt;p&gt;&#xD;
    &lt;span&gt;&#xD;
      
           About Equilibrium:
          &#xD;
    &lt;/span&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            Established in 2022, Equilibrium Insurance Partners is a property and casualty digital insurance agency. Based behind the founding principal of the
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
    &lt;span&gt;&#xD;
      
           Equilibrium Insurance Point
          &#xD;
    &lt;/span&gt;&#xD;
    &lt;span&gt;&#xD;
      
           , Equilibrium’s job is to find each client’s balancing point, that is, where price and coverage intersect. Some insurance consumers are more price conscious, while others are more coverage conscious. At Equilibrium, it’s our job to figure out which type of consumer you are and tailor an insurance program to fit your individual or business’ needs.
          &#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
&lt;/div&gt;</content:encoded>
      <enclosure url="https://irp.cdn-website.com/a4af3285/dms3rep/multi/Q2-2024-Results.webp" length="48834" type="image/webp" />
      <pubDate>Wed, 07 Aug 2024 15:51:49 GMT</pubDate>
      <author>mac@EQinsurancepartners.com (Mac Howey)</author>
      <guid>https://www.eqinsurancepartners.com/q2-2024-results</guid>
      <g-custom:tags type="string">results</g-custom:tags>
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    <item>
      <title>Q1 2024 Results</title>
      <link>https://www.eqinsurancepartners.com/q1-2024-results</link>
      <description>Equilibrium Insurance Partners achieved $167.2K in Q1 2024 DWP, adding 10 clients. New partnerships and expansion into middle market set for growth.</description>
      <content:encoded>&lt;div data-rss-type="text"&gt;&#xD;
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           Perrysburg, OH
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    &lt;/span&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            – Equilibrium Insurance Partners, L.L.C., a Perrysburg based property and casualty insurance brokerage achieved strong Q1 2024 results with $167,173.00 of new Direct Written Premium (DWP). Ten new clients were added, four commercial lines and six personal lines clients. 
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      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
&lt;/div&gt;&#xD;
&lt;div&gt;&#xD;
  &lt;img src="https://irp.cdn-website.com/a4af3285/dms3rep/multi/Q1-2024-1.webp" alt="Lessor's risks insurance Ohio
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            New commercial lines premium totaled $153,258. Wisconsin-based
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      &lt;/span&gt;&#xD;
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    &lt;a href="https://www.thesilverlining.com/" target="_blank"&gt;&#xD;
      
           West Bend Insurance Company
          &#xD;
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    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            led the way with all of our commercial wins this quarter. One new towing client, one new hotel client, and two new daycare clients were added. Three of the new wins were in Ohio, one in Michigan. This strong quarter helped us surpass $250,000 in total premium with West Bend. 
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      &lt;/span&gt;&#xD;
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  &lt;/p&gt;&#xD;
&lt;/div&gt;&#xD;
&lt;div&gt;&#xD;
  &lt;img src="https://irp.cdn-website.com/a4af3285/dms3rep/multi/250k.webp" alt="Contractor insurance Ohio
"/&gt;&#xD;
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            We are also eager to share that we’ve accepted a new partnership with
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    &lt;a href="https://www.hanover.com/" target="_blank"&gt;&#xD;
      
           Hanover Insurance Group
          &#xD;
    &lt;/a&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            ($THG) for commercial lines effective February 1st, 2024. Hanover will help us expand into the middle market space and allow us to better serve those in construction, manufacturing, life sciences, information technology, and cybersecurity. 
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
&lt;/div&gt;&#xD;
&lt;div&gt;&#xD;
  &lt;img src="https://irp.cdn-website.com/a4af3285/dms3rep/multi/Hanover-768x432.webp" alt="General contractor insurance Ohio
"/&gt;&#xD;
&lt;/div&gt;&#xD;
&lt;div data-rss-type="text"&gt;&#xD;
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      &lt;span&gt;&#xD;
        
            From a personal lines perspective, Michigan-based
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      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
    &lt;a href="https://www.fmins.com/" target="_blank"&gt;&#xD;
      
           Frankenmuth Mutual Insurance Company
          &#xD;
    &lt;/a&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            led the way with all five wins totaling $13,915 of new DWP. Five of the six new clients were in Michigan, one in Ohio. 
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      &lt;/span&gt;&#xD;
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           The current state of the insurance marketplace has allowed Equilibrium to get several business opportunities. The insurance industry is in a hard-market, arguably the worst one in over 40 years, and that has made business owners more receptive to getting a second opinion on their current insurance program. “The insurance industry continues to face macroeconomic challenges, including a significant uptick in both CAT frequency and severity claims,” said MacGregor C. Howey, Founder of Equilibrium Insurance Partners. Mac continued, “Even in non-CAT states like Ohio and Michigan – where the majority of our clients reside – there continues to be a surge in property claims, notably both freezing and wind-related losses.” 
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    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
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      &lt;br/&gt;&#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
  &lt;p&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            Equilibrium Insurance Partners is approaching a half of a million dollars in premium and one more strong quarter will get us there. If you are interested in getting a second opinion on your insurance program, whether home, auto, or business, please reach out. For insurance quote requests/due diligence in Greater Toledo and Metro Detroit, please call 419-386-0870. For insurance quote requests/due diligence in Petoskey, please call 231-758-5271. Additionally, you may contact us
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
    &lt;a href="https://eqinsurancepartners.com/contact/" target="_blank"&gt;&#xD;
      
           here
          &#xD;
    &lt;/a&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            . 
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
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    &lt;span&gt;&#xD;
      &lt;br/&gt;&#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
  &lt;p&gt;&#xD;
    &lt;span&gt;&#xD;
      
           About Equilibrium:
          &#xD;
    &lt;/span&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            Established in 2022, Equilibrium Insurance Partners is a property and casualty digital insurance agency. Based behind the founding principal of the
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
    &lt;span&gt;&#xD;
      
           Equilibrium Insurance Point
          &#xD;
    &lt;/span&gt;&#xD;
    &lt;span&gt;&#xD;
      
           , Equilibrium’s job is to find each client’s balancing point, that is, where price and coverage intersect. Some insurance consumers are more price conscious, while others are more coverage conscious. At Equilibrium, it’s our job to figure out which type of consumer you are and tailor an insurance program to fit your individual or business’ needs. 
          &#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
&lt;/div&gt;</content:encoded>
      <enclosure url="https://irp.cdn-website.com/a4af3285/dms3rep/multi/q1-2024-results.webp" length="49302" type="image/webp" />
      <pubDate>Tue, 06 Aug 2024 15:51:49 GMT</pubDate>
      <author>mac@EQinsurancepartners.com (Mac Howey)</author>
      <guid>https://www.eqinsurancepartners.com/q1-2024-results</guid>
      <g-custom:tags type="string">results</g-custom:tags>
      <media:content medium="image" url="https://irp.cdn-website.com/a4af3285/dms3rep/multi/q1-2024-results.webp">
        <media:description>thumbnail</media:description>
      </media:content>
      <media:content medium="image" url="https://irp.cdn-website.com/a4af3285/dms3rep/multi/q1-2024-results.webp">
        <media:description>main image</media:description>
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    </item>
    <item>
      <title>Q4 2023 Results</title>
      <link>https://www.eqinsurancepartners.com/q4-2023-results</link>
      <description>Equilibrium Insurance Partners achieved a record $91.8K DWP this quarter, adding 14 clients. Focused on growth with new hires and market expansion.</description>
      <content:encoded>&lt;div data-rss-type="text"&gt;&#xD;
  &lt;p&gt;&#xD;
    &lt;span&gt;&#xD;
      
           Perrysburg, OH
          &#xD;
    &lt;/span&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            – Equilibrium Insurance Partners, L.L.C., a Perrysburg based property and casualty insurance brokerage achieved its best quarterly results to date with $91,844.50 of Direct Written Premium (DWP). 14 new clients were added, 7 personal lines and 7 commercial lines clients. 
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
&lt;/div&gt;&#xD;
&lt;div&gt;&#xD;
  &lt;img src="https://irp.cdn-website.com/a4af3285/dms3rep/multi/Total-New-Business-2023.webp" alt="Pet grooming insurance Ohio
"/&gt;&#xD;
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&lt;div data-rss-type="text"&gt;&#xD;
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      &lt;span&gt;&#xD;
        
            Michigan-based
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
    &lt;a href="https://www.fmins.com/" target="_blank"&gt;&#xD;
      
           Frankenmuth Mutual Insurance Company
          &#xD;
    &lt;/a&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            led the way with all 7 new personal lines clients totalling $25,547 of DWP. Five of the new personal lines clients were in Michigan, two in Ohio. Personal lines hit ratios remained above industry average at 7 for 12 (58.3% hit ratio). Five quotes were lost totalling $26,519. 
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
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  &lt;p&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;br/&gt;&#xD;
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  &lt;p&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            In relation to commercial lines, Pennsylvania-based
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
    &lt;a href="https://www.guard.com/" target="_blank"&gt;&#xD;
      
           Berkshire Hathaway GUARD Insurance Companies
          &#xD;
    &lt;/a&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            took charge with $26,263 DWP.
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
    &lt;a href="https://www.thesilverlining.com/" target="_blank"&gt;&#xD;
      
           West Bend Mutual Insurance Company
          &#xD;
    &lt;/a&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            was a close second with $23,425 in DWP. Five of the new commercial lines clients were in Michigan, two in Ohio. Three of the seven commercial wins came writing childcare/daycare centers ($18,441), two in the hotel Umbrella space ($16,609.50), one in the apartment space ($26,263), and one mixed-use lessor’s risk building ($7,106)
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
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&lt;div data-rss-type="text"&gt;&#xD;
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    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            “Despite winning a good number of accounts this quarter, we did encounter challenges in closing several promising commercial opportunities,” said MacGregor C. Howey, Founder. Among those: 
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      &lt;br/&gt;&#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
  &lt;ul&gt;&#xD;
    &lt;li&gt;&#xD;
      &lt;span&gt;&#xD;
        &lt;span&gt;&#xD;
          
             Towing – $121,300 –
            &#xD;
        &lt;/span&gt;&#xD;
      &lt;/span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            quoted with Berkshire Hathaway GUARD
           &#xD;
      &lt;/span&gt;&#xD;
      &lt;span&gt;&#xD;
        
             
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      &lt;/span&gt;&#xD;
    &lt;/li&gt;&#xD;
    &lt;li&gt;&#xD;
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        &lt;span&gt;&#xD;
          
             Hotel/Motel – $69,637 –
            &#xD;
        &lt;/span&gt;&#xD;
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      &lt;span&gt;&#xD;
        
            quoted with Berkshire Hathaway GUARD
           &#xD;
      &lt;/span&gt;&#xD;
      &lt;span&gt;&#xD;
        
             
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      &lt;/span&gt;&#xD;
    &lt;/li&gt;&#xD;
    &lt;li&gt;&#xD;
      &lt;span&gt;&#xD;
        &lt;span&gt;&#xD;
          
             Restaurant – $8,834.95 –
            &#xD;
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      &lt;/span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            quoted with Amwins/Evanston
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        &lt;span&gt;&#xD;
          
             Golf course – $27,682 –
            &#xD;
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      &lt;/span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            quoted with West Bend Mutual
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/li&gt;&#xD;
    &lt;li&gt;&#xD;
      &lt;span&gt;&#xD;
        &lt;span&gt;&#xD;
          
             Arcade – $9,983 –
            &#xD;
        &lt;/span&gt;&#xD;
      &lt;/span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            quoted with West Bend Mutual
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/li&gt;&#xD;
    &lt;li&gt;&#xD;
      &lt;span&gt;&#xD;
        &lt;span&gt;&#xD;
          
             HVAC contractor – $36,108 –
            &#xD;
        &lt;/span&gt;&#xD;
      &lt;/span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            quoted with West Bend Mutual
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/li&gt;&#xD;
    &lt;li&gt;&#xD;
      &lt;span&gt;&#xD;
        
            Commercial Premium Lost: $282,379.90
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/li&gt;&#xD;
  &lt;/ul&gt;&#xD;
  &lt;p&gt;&#xD;
    &lt;br/&gt;&#xD;
  &lt;/p&gt;&#xD;
  &lt;p&gt;&#xD;
    &lt;span&gt;&#xD;
      
           Total win % of premium for All Lines in Q4: $91,844.50 / $400,743.40 = 22.9% premium closed.
          &#xD;
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&lt;/div&gt;&#xD;
&lt;div data-rss-type="text"&gt;&#xD;
  &lt;p&gt;&#xD;
    &lt;span&gt;&#xD;
      
           We are excited to share the hiring of our first producer, Paul Friedrich, from Petoskey, Michigan. Paul Friedrich, a dynamic force in the cross-fit industry and a seasoned puzzle master, brings a wealth of experience to our team. His journey began as a professional golf instructor at Boyne Highlands, where he honed his skills and passion for fitness and wellness. More recently, he has made significant contributions to Scratch Golf. With a commitment to integrity, fairness, and excellence, Paul perfectly aligns with our core values. We are thrilled to welcome him to our team, confident that his unique blend of expertise and enthusiasm will make a lasting impact. 
          &#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
&lt;/div&gt;&#xD;
&lt;div&gt;&#xD;
  &lt;img src="https://irp.cdn-website.com/a4af3285/dms3rep/multi/42-300x300.webp" alt="Gym insurance Ohio
"/&gt;&#xD;
&lt;/div&gt;&#xD;
&lt;div data-rss-type="text"&gt;&#xD;
  &lt;p&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            For insurance quote requests/due diligence in Greater Toledo and Metro Detroit, please call 419-386-0870. For insurance quote requests/due diligence in Petoskey, please call 231-758-5271. Additionally, you may contact us
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
    &lt;a href="https://eqinsurancepartners.com/contact/" target="_blank"&gt;&#xD;
      
           here
          &#xD;
    &lt;/a&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            .
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
  &lt;p&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;br/&gt;&#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
  &lt;p&gt;&#xD;
    &lt;span&gt;&#xD;
      
           About Equilibrium:
          &#xD;
    &lt;/span&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            Established in 2022, Equilibrium Insurance Partners is a property and casualty digital insurance agency. Based behind the founding principal of the
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
    &lt;span&gt;&#xD;
      
           Equilibrium Insurance Point
          &#xD;
    &lt;/span&gt;&#xD;
    &lt;span&gt;&#xD;
      
           , Equilibrium’s job is to find each client’s balancing point, that is, where price and coverage intersect. Some insurance consumers are more price conscious, while others are more coverage conscious. At Equilibrium, it’s our job to figure out which type of consumer you are and tailor an insurance program to fit your individual or business’ needs. 
          &#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
&lt;/div&gt;</content:encoded>
      <enclosure url="https://irp.cdn-website.com/a4af3285/dms3rep/multi/Newsletter-Q4-2023-Thumbnail.webp" length="50180" type="image/webp" />
      <pubDate>Mon, 05 Aug 2024 15:51:50 GMT</pubDate>
      <author>mac@EQinsurancepartners.com (Mac Howey)</author>
      <guid>https://www.eqinsurancepartners.com/q4-2023-results</guid>
      <g-custom:tags type="string">results</g-custom:tags>
      <media:content medium="image" url="https://irp.cdn-website.com/a4af3285/dms3rep/multi/Newsletter-Q4-2023-Thumbnail.webp">
        <media:description>thumbnail</media:description>
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    </item>
    <item>
      <title>Q3 2023 Results</title>
      <link>https://www.eqinsurancepartners.com/q3-2023-results</link>
      <description>Equilibrium Insurance Partners in Perrysburg, OH, achieved $40.7K in Q3 2023 DWP, adding 6 commercial clients. Focused on digital efficiency and growth.</description>
      <content:encoded>&lt;div data-rss-type="text"&gt;&#xD;
  &lt;p&gt;&#xD;
    &lt;span&gt;&#xD;
      
           Perrysburg, OH
          &#xD;
    &lt;/span&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            – Equilibrium Insurance Partners, L.L.C., a Perrysburg based property and casualty insurance brokerage achieved below average Q3 2023 results with $40,705 of Direct Written Premium (DWP). Six new clients were added, all commercial lines clients.   
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
  &lt;p&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;br/&gt;&#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
  &lt;p&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            Wisconsin-based
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
    &lt;a href="https://www.thesilverlining.com/" target="_blank"&gt;&#xD;
      
           West Bend Mutual Insurance Company
          &#xD;
    &lt;/a&gt;&#xD;
    &lt;span&gt;&#xD;
      &lt;span&gt;&#xD;
        
            led the way with all six of those new wins totaling $40,705 DWP. Four wins came writing childcare/daycare centers ($17,861), one in the towing space ($20,361), and one small HVAC contractor ($2,483). These wins help continue to build the foundation of a financially stable independent insurance agency. “My biggest fear is closing on the $100k plus premium account and then losing it in the first few years,” said Mac Howey, Founder. “Staying in the 10 to 50k premium range allows me to predict financials with less error and ultimately know when it’s time to hire an Account Manager.”
           &#xD;
      &lt;/span&gt;&#xD;
    &lt;/span&gt;&#xD;
  &lt;/p&gt;&#xD;
&lt;/div&gt;&#xD;
&lt;div&gt;&#xD;
  &lt;img src="https://irp.cdn-website.com/a4af3285/dms3rep/multi/Q3-197882.48.webp" alt="Plumber insurance
"/&gt;&#xD;
&lt;/div&gt;&#xD;
&lt;div data-rss-type="text"&gt;&#xD;
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           Equilibrium has been able to keep start-up costs extremely low by staying 100% digital. The operation is ran out of the second bedroom of Mac’s Perrysburg apartment. “According to LoopNet, the average cost for office space to lease in Perrysburg is $17.79 per square foot,” said Mac. “For 1,000 square feet, that’s $20,000 plus annually, after you factor in utilities, insurance, etcetera. My 135 square foot second bedroom is fine,” Mac chuckled. Due to staying nimble, Equilibrium has been able to achieve profitability as of April 2023.   
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            Equilibrium had 11 appointments/quoting opportunities in the third quarter of 2023 and we closed on 6 of them. Daycare/childcare business led the way with a perfect 4 for 4 (100%). HVAC contractors were also a perfect 1 for 1 (100%). Towing was 1 for 3 (33.3%). Among the losers: hotel/motel (0 for 2) and security guard firms (0 for 1). 
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            Towards the end of the quarter, we put up a billboard with
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           Frankenmuth Mutual Insurance Company
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            at the intersection of Route 25 and Five Point Rd in Perrysburg. We are excited to see what traction that gets for Q4! 
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           We have also been slowly gaining ground in terms of Google SEO (search engine optimization). We started the quarter ranked in the 30’s when you type in “Perrysburg insurance.” We are now in the mid-teens, appearing somewhere between 13th to 16th in the last week. 
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            For all insurance quote requests in Greater Toledo and Metro Detroit, please call 419-386-0870 or contact us
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           here
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            . 
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           About Equilibrium:
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            Established in 2022, Equilibrium Insurance Partners is a property and casualty digital insurance agency. Based behind the founding principal of the
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           Equilibrium Insurance Point
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           , Equilibrium’s job is to find each client’s balancing point, that is, where price and coverage intersect. Some insurance consumers are more price conscious, while others are more coverage conscious. At Equilibrium, it’s our job to figure out which type of consumer you are and tailor an insurance program to fit your individual or business’ needs. 
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      <enclosure url="https://irp.cdn-website.com/a4af3285/dms3rep/multi/Q3-2023-Results.webp" length="50828" type="image/webp" />
      <pubDate>Sat, 03 Aug 2024 15:51:52 GMT</pubDate>
      <author>mac@EQinsurancepartners.com (Mac Howey)</author>
      <guid>https://www.eqinsurancepartners.com/q3-2023-results</guid>
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      <title>Q2 2023 Results</title>
      <link>https://www.eqinsurancepartners.com/q2-2023-results</link>
      <description>Equilibrium Insurance Partners achieved $77.8K in Q2 2023 DWP, adding 3 commercial clients. Successes include pet grooming and hospitality accounts.</description>
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           Perrysburg, OH
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            – Equilibrium Insurance Partners, L.L.C., a Perrysburg based property and casualty insurance brokerage achieved moderate Q2 2023 results with $77,812.33 of Direct Written Premium (DWP). Three new clients were added, all commercial lines clients.   
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            Wisconsin-based
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           West Bend Mutual Insurance Company
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            led the way with two of those new wins totaling $38,688 DWP. One of those wins was pet grooming, the other in the hospitality (hotel) industry. The pet grooming account was won in our home state of Ohio and the hospitality account was picked up in Michigan. With these wins, Equilibrium surpassed $100,000 in DWP with West Bend.
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            Charlotte, North Carolina-based
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           Amwins
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            (specialty brokerage) was second with $23,173.97 split between a seven-story hotel in Philadelphia, Pennsylvania (casualty lines) and an Employment Practices Liability (EPLI) insurance policy for the Michigan-based hotel win.
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           Equilibrium has been able to keep start-up costs extremely low by staying 100% digital. The operation is ran out of the second bedroom of Mac’s Perrysburg apartment. “According to LoopNet, the average cost for office space to lease in Perrysburg is $17.79 per square foot,” said Mac Howey, Founder. “For 1,000 square feet, that’s $20,000 plus annually, after you factor in utilities, insurance, etcetera. My 135 square foot second bedroom is fine,” Mac chuckled. Due to staying nimble, Equilibrium has been able to achieve profitability as of April 2023.   
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            Equilibrium had seven appointments in the second quarter of 2023, one of which was a declination based on carrier appetite guidelines. That left us with six true quoting opportunities and we closed on three of them (50% hit ratio). 
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           Pet grooming had a perfect hit ratio of 100% (1 for 1). Hospitality (hotels) also had good close ratio of 66.6% (2 for 3). Among the losers: Lessor’s risk (0 for 1), Gas station/convenience store (0 for 1), and License and Permit bond (0 for 1). 
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           Equilibrium believes in work-life balance (hence the name Equilibrium), and with summer in the air, we are traveling. A big thank you to Burns and Wilcox for the invite out to Missouri to play an array of golf courses, including Tiger Woods’ Payne’s Valley. “It’s always nice networking and meeting others in the industry, especially from different States,” said Mac. “I met a Chicago guy who had 120 Private Clients including some A list celebrities, and a Minnesota agent just slightly older than me who had some seven-digit garbage-hauling accounts.”
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            For all insurance quote requests in Greater Toledo and Metro Detroit, please call 419-386-0870 or contact us
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    &lt;a href="https://eqinsurancepartners.com/contact/" target="_blank"&gt;&#xD;
      
           here
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            . 
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           About Equilibrium:
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            Established in 2022, Equilibrium Insurance Partners is a property and casualty digital insurance agency. Based behind the founding principal of the
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    &lt;span&gt;&#xD;
      
           Equilibrium Insurance Point
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           , Equilibrium’s job is to find each client’s balancing point, that is, where price and coverage intersect. Some insurance consumers are more price conscious, while others are more coverage conscious. At Equilibrium, it’s our job to figure out which type of consumer you are and tailor an insurance program to fit your individual or business’ needs.
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&lt;/div&gt;</content:encoded>
      <enclosure url="https://irp.cdn-website.com/a4af3285/dms3rep/multi/Q2-2023-Results-3.webp" length="49438" type="image/webp" />
      <pubDate>Fri, 02 Aug 2024 15:36:06 GMT</pubDate>
      <author>mac@EQinsurancepartners.com (Mac Howey)</author>
      <guid>https://www.eqinsurancepartners.com/q2-2023-results</guid>
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      <title>Q1 2023 Results</title>
      <link>https://www.eqinsurancepartners.com/q1-2023-results</link>
      <description>Equilibrium Insurance Partners, founded in 2022, achieved $79.8K DWP in Q1 2023, adding 8 clients. Specializing in digital P&amp;C insurance for OH and MI.</description>
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           Perrysburg, OH
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            – Equilibrium Insurance Partners, L.L.C., a Perrysburg based property and casualty insurance brokerage achieved moderate Q1 2023 results with $79,824.15 of Direct Written Premium (DWP). Eight new clients were added, four commercial lines and four personal lines clients.
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            Wisconsin-based
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           West Bend Mutual Insurance Company
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            led the way with all four commercial lines wins totaling $61,746 DWP. Three of those wins were in the auto services industry and one in hospitality. Half of the wins were in our home state of Ohio and the other half in Michigan.
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           Frankenmuth Mutual Insurance Company
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            was the front-runner with all four personal lines wins totalling $16,625 DWP. All four personal lines wins were in Michigan.
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           Equilibrium Insurance Partners officially launched on October 10th, 2022, however, the idea had been planned since early 2022. “In February [2022] I started tinkering with the idea of creating an agency from scratch,” said MacGregor (Mac) C. Howey, Founder. “I went to my West Bend marketing rep at the time with my vision and ultimately to see if she would give me an appointment – and without hesitation – she said yes.” Mac continued, “My previous success with West Bend really helped in getting that first appointment. I was the only one really writing with them and we had just passed a $1 million dollar book of business,” he explained. “I knew our loss ratios with them were great, identical 13.4% loss ratios in 2020 and 2021 to be exact, so yeah, I made it hard for her to say no,” Mac smiled.
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            Frankenmuth was added on January 1st, 2023 for personal lines only. “That was huge,” said Mac. “It gave us the ability to be multi-faceted. Now we have West Bend for commercial lines and Frankenmuth for personal lines.” But Mac recognized that writing with only “one crayon” for each type of business would be tough, and recently expanded his product offerings to include
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           WestGUARD
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            Insurance Company, backed by Warren Buffett’s Berkshire Hathaway. “Our appetite and growth goals align well, so expanding our product offerings to include GUARD was a no brainer,” explained Mac.
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           Equilibrium has been able to keep start-up costs extremely low by staying 100% digital. The operation is ran out of the second bedroom of Mac’s Perrysburg apartment. “Our annual business expenses are projected to be around $10,000 for 2023, and our commissions receivable for this quarter alone should be just higher than that, so we are already break-even for 2023,” Mac smiled.
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           Equilibrium had 15 appointments in the first quarter of 2023, three of which were walkaways (lack of positive catalysts to continue quoting). Of the remaining 12 appointments, three were declinations, all of which didn’t meet carrier appetite guidelines. That left us with nine true quoting opportunities, and we closed on four of them (44% hit ratio).
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           Auto services had a perfect hit ratio of 100% (3 for 3). One of those auto service wins included a nice fleet of tow trucks. Hospitality also had a perfect hit ratio of 100% (1 for 1). Among the least successful industries quoted included golf courses (0 for 1), condominium associations (0 for 2), and daycares (0 for 2).
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           “The golf course account bummed me out the most. We were about $2,000 lower than the incumbent but couldn’t match their tree debris removal limits of $25,000 per tree,” said Mac. Mac continued, “The golf course had some trees that were over 200 years old – massive trees – and my carrier limited the tree debris removal limit to $1,000 per tree. It was a pain point for the insured that cost us the account.”
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           Mac concluded by saying he was actually offered an agent-of-record (“AOR”) letter due to his technical expertise in Ordinance or Law insurance, but he didn’t have the incumbent carrier to execute. “Basically, they had a 52-year-old clubhouse, and after adding up the rough costs for over 50 years of building code upgrades – including a full fire suppression system and significant ADA upgrades – they were well short of coverage,” said Mac. “That impressed them enough to ask how I could become their agent, I explained the process, but ultimately that I couldn’t do it because I didn’t have their current insurer.”
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            For all insurance quote requests in Greater Toledo and Metro Detroit, please call 419-386-0870 or contact us
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    &lt;a href="https://eqinsurancepartners.com/contact/" target="_blank"&gt;&#xD;
      
           here
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           About Equilibrium:
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            Established in 2022, Equilibrium Insurance Partners is a property and casualty digital insurance agency. Based behind the founding principal of the
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           Equilibrium Insurance Point
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    &lt;/span&gt;&#xD;
    &lt;span&gt;&#xD;
      
           , Equilibrium’s job is to find each client’s balancing point, that is, where price and coverage intersect. Some insurance consumers are more price conscious, while others are more coverage conscious. At Equilibrium, it’s our job to figure out which type of consumer you are and tailor an insurance program to fit your individual or business’ needs.
          &#xD;
    &lt;/span&gt;&#xD;
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      <pubDate>Thu, 01 Aug 2024 15:51:54 GMT</pubDate>
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